Jun 13 Why not all American youth should go to college By Robert Lerman Traveling to BMW's only American plant, where they've imported the German tradition of apprenticeships, Paul Solman speaks with long-time apprenticeship advocate and American University economist Bob Lerman about how pushing everyone onto the same path of a four-year college degree… Continue reading
Jun 06 Watch Friday, June 6, 2014 By PBS News Hour Friday on the NewsHour, world leaders remember the heroism of D-Day, Afghan presidential hopeful escapes an assassination attempt, and low-wage jobs drive up employment numbers in the U.S. Continue watching
Jun 06 Watch Low-wage jobs drive gains in U.S. employment By PBS News Hour American employment now exceeds pre-recession levels, but most of the jobs created have lower wages. That's according to May’s government labor data, which shows that despite gains of 200,000 jobs, the unemployment rate hasn't budged. Economics correspondent Paul Solman talks… Continue watching
Jun 06 200K more Americans and 200K more jobs, but 300K more 'want a job' By Paul Solman With 217,000 jobs added to the economy, payrolls now exceed their pre-recession level. But even if the economy is pumping out enough jobs for a workforce that also grew by roughly 200,000, there are now nearly 300,000 more Americans than… Continue reading
Jun 06 Jobs report: Nonfarm payrolls surpass pre-recession level By Simone Pathe The economy added 217,000 jobs in May and the unemployment rate stayed the same as the previous month at 6.3 percent. The payroll number exceeded consensus expectations of about 213,000 jobs, but more significantly, this is a landmark month because… Continue reading
May 02 Watch Good news in jobs report bolstered by shrinking workforce By PBS News Hour The jobs report released Friday finds that employers added 288,000 jobs in April and the unemployment rate fell to 6.3 percent. However, the dip in unemployment was driven by a sharp decline — more than 800,000 — in the number… Continue watching
May 02 Where are the April showers in the jobs report? By Paul Solman April's jobs report looks sunny: the lowest unemployment rate since fall 2008 and more jobs added to the economy than expected. But don't hang up the umbrellas just yet: nearly a million more people in April than in March told… Continue reading
May 02 Unemployment rate drops to lowest since fall 2008 By Simone Pathe The unemployment rate dropped to its lowest since September 2008, and the economy added 288,000 jobs last month, but about 800,000 people dropped out of the labor force. Our more inclusive Solman Scale also fell to 14.38 percent. Continue reading
May 02 Obama, Merkel look for united front on Ukraine By Domenico Montanaro, Terence Burlij, Simone Pathe, Rachel Wellford As more fighting has broken out in Eastern Ukraine, President Obama and German Chancellor Angela Merkel will be looking for a show of unity on the situation when they meet Friday at the White House. But if you want to… Continue reading
Apr 16 Obama, Biden to announce $600 million in job grants By Darlene Superville, Associated Press Striving to show action on jobs, President Barack Obama and Vice President Joe Biden are hitting the road to trumpet $600 million in new competitive grants to spur creation of targeted training and apprenticeship programs that could help people land… Continue reading